State of New Jersey Common Pension Fund D Has $66.08 Million Position in iShares Investment Grade Bond Factor ETF (BATS:IGEB)

State of New Jersey Common Pension Fund D raised its stake in shares of iShares Investment Grade Bond Factor ETF (BATS:IGEB) by 21.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,421,932 shares of the company’s stock after acquiring an additional 250,000 shares during the quarter. State of New Jersey Common Pension Fund D owned approximately 0.09% of iShares Investment Grade Bond Factor ETF worth $66,077,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Gilliland Jeter Wealth Management LLC bought a new stake in iShares Investment Grade Bond Factor ETF during the 2nd quarter worth approximately $25,000. Assetmark Inc. acquired a new position in iShares Investment Grade Bond Factor ETF in the third quarter worth $29,000. Park Place Capital Corp acquired a new position in iShares Investment Grade Bond Factor ETF in the second quarter worth $38,000. Aspire Private Capital LLC bought a new stake in shares of iShares Investment Grade Bond Factor ETF during the second quarter worth $42,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of iShares Investment Grade Bond Factor ETF in the second quarter valued at $60,000.

iShares Investment Grade Bond Factor ETF Stock Up 0.1 %

BATS IGEB traded up $0.07 on Friday, hitting $45.30. 12,183,659 shares of the company were exchanged. iShares Investment Grade Bond Factor ETF has a 1-year low of $48.61 and a 1-year high of $50.95. The firm has a 50 day moving average of $45.88 and a two-hundred day moving average of $45.11.

iShares Investment Grade Bond Factor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.1867 per share. This is a positive change from iShares Investment Grade Bond Factor ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares Investment Grade Bond Factor ETF Profile

The iShares Investment Grade Bond Factor ETF (IGEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad-maturity, multi-factor, investment-grade bond index. The index selects and weights bonds based on default probability, default-adjusted spreads, and volatility.